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Beantown Magazine
Discover Greater Boston and the Businesses That Drive It
Banks · Peabody

TruNorth Bank

About

TruNorth Bank is a local Massachusetts savings bank, listed here in Peabody, offering personal and business accounts, lending and investment services. Mortgage lending is handled through TruNorth Mortgage, a division of the bank, giving borrowers a local option for home financing. The bank describes its lineup as innovative products and custom service options, built for customers managing everyday cash as well as those preparing for a major life milestone.

Its community giving is especially visible in Peabody, where the bank contributed $30,000 to the Peabody Education Foundation’s Mental Wellness Initiative to support students’ emotional well-being, resilience and mental health. Across its service area, TruNorth runs the annual Neighbors Helping Neighbors fundraiser for local food pantries, led by CEO Matthew S. Sosik, which invites customers, employees and community members to give throughout October to help fight food insecurity.

What to Know

  • Free shred days are held each fall to help residents protect against identity theft.
  • The bank publishes security tips, including an online safety checklist and warnings about imposter scams.
  • Recent promotions include Brenna Breeding to assistant vice president of digital marketing and Gerardo Sanchez to assistant vice president and digital banking product manager.
  • It is listed with the North Shore and Salem chambers of commerce.

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